The overall standard offer prices for residential and small commercial classes are 8.25 cents and 8.5 cents per kilowatt hour respectively for customers in the service territories of Bangor Hydro-Electric and Central Maine Power.

PUC Chair Jack Cashman says overall standard offer energy prices will be reduced by 6 percent for Maine residents and small businesses in those two service territories. The new rates will be in effect for one year beginning March 1, 2011.

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